WR, >>>" With the semiconductor market stuck in neutral, Intel executives on Wednesday presented a plan to help the
chip maker shake off several years of flat growth.
At its annual shareholders meeting, Andy Grove, Intel co-founder and chairman, and Craig Barrett, CEO,
said Intel will invest more in manufacturing and in research and development as a means of turning around
that trend.
Barrett, who officially took the helm of the company Wednesday as planned, said Intel (company profile)
will spend $2.8 billion on research and development, and about $5 billion on manufacturing."<<<
I wonder what Intel is talking about re spending more on R&D and Mfg.? They already spend far and away more than any other company, possible exception IBM (HP?)...PII, Celeron, Xeon, Katmai, Willamette, Merced, 400BX,new network stuff, etc. At some point, that R&D and advanced mfg. expenditures has to turn into $$$ for we stockholders. I read only what you pulled out of the article because I only have a few minutes this a.m. (assume there is more under the url). I'll check it out later, but had to comment on what I read from you so far.
Wait, re-reading, this was at the stockholders' meeting. I was there, and the gist was that Intel has and is continuing to spend this extra money, not that it will in the future. Misleading.
Boy, VG and Ibexx, I am getting careless in my reading. I will check the rest of the article later to see if there are any other points that are "close" to what was said. BTW, the $5B in mfg is DOWN by 300 million from what Intel had budgeted last year, to be spent this year. That's good. Later, when I have time to be a more believable poster, WR, Vicky and Ibexx. ;-))
Tony |
